Press Release September 15, 2023

Thomas H. Lee Partners Acquires a Majority Stake in Standish Management

Alston & Bird represented Standish Management – one of the leading independent providers of fund administration services to private equity, venture capital, and real estate managers – and its founding shareholders in the $1.6 billion acquisition of a 55% stake in Standish by private equity firm Thomas H. Lee Partners from London-based investment firm Vitruvian Partners.

The Standish management team and other employees will retain a 45% stake.

Representing Standish Management is an Alston & Bird team led by partners Randy Moore and Will Hooper and senior associate John Gerl (Financial Services & Products); partner Jake Kaplan (Wealth Planning); and partner Brian Harvel (Federal & International Tax).

Media Contact
Alex Wolfe
Communications Director

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